Elon Musk invited to discuss $44 billion Twitter deal in UK Parliament

Elon Musk invited to discuss  billion Twitter deal in UK Parliament


Musk’s plan to buy Twitter has worried policymakers around the world.

Joe Skipper | Reuters

Tesla CEO Elon Musk has been invited to testify in the U.K. Parliament about his deal to buy Twitter for $44 billion.

Julian Knight, who chairs the parliamentary committee on digital, culture, media and sport, sent Musk a letter requesting that he appear before lawmakers to discuss the proposal “in more depth.”

“At a time when social media companies face the prospect of tighter regulations around the world, we’re keen to learn more about how Mr Musk will balance his clear commitment to free speech with new obligations to protect Twitter’s users from online harms,” Knight said in a statement Wednesday.

A Tesla representative was not immediately available for comment when contacted by CNBC.

Musk’s plan to buy Twitter has worried policymakers around the world due to concerns that the world’s richest man will relax restrictions on what users can say or share on the social media platform.

In the U.K., the government is keen to push through new laws that would impose a duty of care on online platforms to tackle harmful and illegal content.

Known as the Online Safety Bill, the legislation would allow the media watchdog Ofcom to levy fines of up to 10% of a company’s global annual revenue for violations. Tech executives also face possible jail time for repeated failure to cooperate with regulators.

The European Union’s incoming Digital Services Act, meanwhile, would force Big Tech platforms to more rapidly pull illegal content and products from their services. Last week, EU officials warned Musk he will have to play by the rules if he is to take over Twitter.

It’s not the first time a billionaire tech boss has been asked to appear before the U.K. Parliament. In 2018, lawmakers summoned Facebook CEO Mark Zuckerberg to attend a hearing on disinformation and the Cambridge Analytica data privacy scandal, a request that he refused.



Source

U.S. sanctions Iranian, Venezuelan groups tied to weapons trade
World

U.S. sanctions Iranian, Venezuelan groups tied to weapons trade

The U.S. on Tuesday announced sanctions on a group of 10 individuals and entities based in Iran and Venezuela that are allegedly linked to the weapons trade between the two countries. Those targeted include a Venezuelan company, Empresa Aeronautica Nacional, which is allegedly linked to millions of dollars of Iranian drone sales to Venezuela. The […]

Read More
U.S. approves Samsung, SK Hynix chipmaking tool shipments to China for 2026: Reuters
World

U.S. approves Samsung, SK Hynix chipmaking tool shipments to China for 2026: Reuters

Samsung Electronics’ fourth-generation high bandwidth memory or HBM3 chips have been cleared by Nvidia for use in its processors for the first time, three people briefed on the matter said. SeongJoon Cho | Bloomberg | Getty Images The U.S. government has granted an annual license to Samsung Electronics and SK Hynix to bring in chip manufacturing equipment to […]

Read More
China encircles Taiwan in massive military display
World

China encircles Taiwan in massive military display

A giant screen shows a news report on China’s “Justice Mission 2025” military drills around Taiwan, in Beijing, China Dec. 30, 2025. Tingshu Wang | Reuters China fired rockets into waters off Taiwan on Tuesday, showcased new assault ships and dismissed prospects of U.S. and allied ⁠intervention to block any future attack by Beijing to […]

Read More